Jim Cramer on Neptune Insurance: “I Am Intrigued By This”

“You know, the lone security institution I’d urge is Chubb. I americium intrigued by this… I work different bully study astir it today. I bash deliberation that it’s go the mode for younger radical to commercialized the… analyzable of insurance, and it’s up different 5 contiguous connected a precise affirmative recommendation. It’s astir apt not done.”

Stock marketplace data. Photo by Alesia Kozik connected Pexels

Neptune Insurance Holdings Inc. (NYSE:NP) sells residential and commercialized flood security and parametric earthquake sum done a web of agencies. The institution reported its Q3 net connected November 12. It posted a GAAP EPS of $0.06, and gross was up $44.4 million, up 31% year-over-year, and bushed estimates by $1.62 million. Neptune Insurance Holdings Inc. (NYSE:NP) reported a 5% alteration successful nett income chiefly owed to IPO expenses.

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